Ahmedabad
Maninagar presents a stable residential market in Ahmedabad, with average asking prices holding at ₹5,350 per sq ft. The local landscape is defined by a mix of well-connected neighborhoods, providing diverse residential living options for families and professionals alike. Rental activity in nearby regions highlights a dynamic leasing environment, where rates in areas like Paldi and Ellisbridge reach ₹50 per sq ft. This combination of stable capital values and active rental demand underscores the area's ongoing appeal to both long-term investors and those seeking immediate occupancy.
As of September 2026, the average asking price in Maninagar stands at ₹5,350 per sq ft. This rate has remained stable, showing 0% change, which indicates a period of price equilibrium in the local residential apartment market.
Property prices in the Maninagar micromarket have shown a consistent upward trajectory throughout 2026. Data indicates the micromarket rate rose from ₹4,100 per sq ft in December 2025 to ₹4,700 per sq ft by September 2026, reflecting a steady increase in demand and market activity over the last three quarters.
Property rates in Maninagar, at ₹5,350 per sq ft, sit in the mid-range when compared to surrounding areas. For instance, neighbourhoods like Narolgam offer more affordable entry points at ₹2,750 per sq ft (which depreciated by 2.19% compared to the previous period), while premium areas like Ellisbridge command significantly higher rates at ₹7,550 per sq ft (which depreciated by 0.26% compared to the previous period). Other nearby locations like Isanpur at ₹5,300 per sq ft and New Maninagar at ₹5,100 per sq ft show price appreciation of 1.08% and 3.16% respectively, suggesting growing interest in these pockets.
While specific rental data for Maninagar is currently unavailable, surrounding localities show varied rental performance as of September 2026. Paldi and Ellisbridge both command an average rental rate of ₹50 per sq ft, with Paldi showing an appreciation of 6.67% and Ellisbridge seeing a significant appreciation of 10.53% compared to the previous period. Conversely, Ambawadi also averages ₹50 per sq ft but has experienced a depreciation of 8.33% over the same timeframe, reflecting localized fluctuations in rental demand.
The 0% change in the average asking price of ₹5,350 per sq ft for apartments in Maninagar as of September 2026 suggests a balanced market where demand and supply are currently well-aligned. For prospective buyers, this stability provides a predictable environment for long-term planning, as it implies that the market is not currently undergoing rapid speculative inflation or a sharp correction. It is a favorable indicator for end-users looking for value without the pressure of sudden price spikes.
Yes, there is a clear distinction between residential and commercial property pricing in the broader region. While residential apartments in Maninagar are priced at an average of ₹5,350 per sq ft as of September 2026, commercial office spaces in nearby Ashram Road command a premium of ₹8,350 per sq ft, which has appreciated by 1.53% compared to the previous period. This variance highlights the higher capital value typically associated with commercial assets in prime business corridors compared to residential units.
